Resources Projects
Origin Energy is planning to spend $1.
Xstrata has approved the start of an $47m pre-feasibility study into the development of a large multi-commodity open pit mine on its existing Mount Isa Mines footprint.
Conquest Mining has secured a $100m financing offer from Macquarie Bank to fund the construction of its Mount Carlton gold, silver and copper project in Queensland.
Regardless of the fact that Santos is spending $10,000 a minute setting up its massive coal-seam gas operation in Queensland, chief executive David Knox has ruled out using legal action to explore or mine land against the wishes of the property owner.
Proto Resources have signed a $34 million debt finance and equipment supply deal with Caterpillar for its Barnes Hill JV in Beaconsfield, northern Tasmania.
Engineering group Monadelphous has secured major maintenance and construction contracts in Queensland worth a total of $250 million.
Macmahon Holdings has been awarded a two-year underground engineering construction contract valued at about $110m at the CSA underground copper mine in Cobar.
An international consortium has been awarded the front-end (FEED) contract for the Arrow LNG project on Curtis Island off the coast of Gladstone.
QGC Pty Limited, developer of the Queensland Curtis LNG Project, will invest more than $60m on up to 100 houses in the Western Downs and Gladstone.
A planned $65m extension to a thermal coal mine in north west New South Wales has been approved.